Reduce annuity expenses by over 55%*
Transamerica has introduced a replacement for the Advisors Elite annuity with lower expenses. RetireOne™ is helping advisors and their clients save money by conducting free annuity analysis, comparing multiply annuities on our new platform of fiduciary friendly annuity and living benefits solutions.
⁕ Investor currently owns the Transamerica Advisor Elite Annuity
⁕ Current annuity value $200,000
⁕ Current annual annuity expenses: 45 bps M & E or $900
⁕ No death benefit or living benefit associated with this contract example
⁕ New lower cost options available from Aria
⁕ Conduct annuity analysis with RetireOne™. Call us or click Here
⁕ Investor exchanges old TA annuity for new lower cost annuity with same or better benefits
⁕ A 1035 exchange can lower this investor’s M & E expenses from 45 bps (0.45% per year) to 20 bps (0.20% per year) saving over 55% on expenses or $500 per year*
⁕ New annuity expense based on $200,000 contract value: 20 bps M & E x $200,000= $400*
⁕ Projected savings year one: $900 – $400 = $500
⁕ Proposed savings over 10 years = $5,000
*This does not include fees associated with underlying investment options or optional riders such as guaranteed lifetime withdrawal benefits and/or death benefits, as applicable.